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/biz/ - Business & Finance


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26918751 No.26918751 [Reply] [Original]

Will AMC also see a short squeeze?

>> No.26918883

yes do you think people are aping in because the bright future of movie theaters you blockhead

>> No.26919068

>>26918751
No, it's being diluted to hell tomorrow and any short interest can just get those new issued shares very cheaply and be fine.

>> No.26919277

>>26919068
They're diluting the shares at $13.51, which is 10% higher than what it is now and 400% of what it was last week. Wouldn't really say that's cheap.

>> No.26920118

>>26919277
Well sure but that only establishes how many shares are coming into the float. A very sizable amount. I haven't run the numbers so maybe it won't be that much of an impact but it seems unlikely given the value of this pile coming in.